TCS’ defence, aerospace designs set for takeoff

Software services major TCS says it sees defence and aerospace as its next big global opportunity in engineering and design outsourcing.

Quite a few standalone and offset prospects from defence and civil aviation deals already hover over Indian businesses.

TCS, for its part, will see a spurt of activity on these two fronts, according to its senior officials.

While Tata group companies are not new to defence or aerospace work, these areas are said to be the group’s priorities after its automotive success.

Globally, aircraft majors are cutting production cost and time to market; “Aerospace is the next wave of opportunity. Increasingly, TCS will play a very deep role in this space,” Mr Regu Ayyasamy, Chennai-based Vice-President, Engineering & Industrial Services unit, told Business Line.